- Assessed Value: $32,400
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1028-0-0009
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 871.56
- Tax Year: 2025
- Market Value: 129600
- Market Year: 2025
1876 S Rainbow Dr; Memphis, TN Property Details
Off market
1876 S Rainbow Dr Memphis, TN 38107
$32,400 Estimated Value
2 Beds
1 Baths
1,268 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1948
- Purchase Price: $92,500
- Open Loans / Balance: 1 / $62,229
- Est. Equity / %: $72,771 / 53.9%
- Gross Yield: 12.089%
- APN: 04-1028-0-0009
- Situs County: Shelby
- Length Of Ownership: 5 years, 2 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Stories: 1
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,268/SqFt
- Lot: 7,500/SqFt
- Gross: 1,488/SqFt
- Garage: 220/SqFt
- Living: 1,268/SqFt
- Building: 1,488/SqFt
- Ground: 1,268/SqFt
- Price Per Square Foot: $72.95
Legal Description
- Description: NSS RAINBOW DR
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Shelby County School District
- Lat / Lon: 35.16424 / -89.99496
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3113
- Bathroom Fixtures: 3
- Garage: Attached Garage
- Heating: Forced air unit
- Parking: 1
HOA
- H O A One: $25
- H O A Amount: $25
- H O A One Name: Colonnial Terrace Association
- H O A One Type: Home Owner Association
Ownership Info
1876 S Rainbow Dr has no associated ownership info
1876 S Rainbow Dr has no associated ownership info.
Taxes
1876 S Rainbow Dr has 10 associated Taxes items
1876 S Rainbow Dr, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $32,400. The APN we've located for 1876 S Rainbow Dr is 04-1028-0-0009.
Unlock the full reportTaxes
Tax History
1876 S Rainbow Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $32,400 | Land Value $7,875 | Improvement Value $24,525 | Tax Amount $871.56 | Change Rate -0.132163% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $29,625 | Land Value $2,425 | Improvement Value $27,200 | Tax Amount $1,004.29 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $29,625 | Land Value $2,425 | Improvement Value $27,200 | Tax Amount $1,004.29 | Change Rate -0.443502% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $29,625 | Land Value $2,425 | Improvement Value $27,200 | Tax Amount $1,804.66 | Change Rate -0.011584% | Assessed CR | Tax Rate +0.060917% |
| Year 2021 | Assessed Value $29,625 | Land Value $2,425 | Improvement Value $27,200 | Tax Amount $1,825.81 | Change Rate +1.666467% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $21,425 | Land Value $2,425 | Improvement Value $19,000 | Tax Amount $684.73 | Change Rate | Assessed CR | Tax Rate +0.031959% |
| Year 2019 | Assessed Value $21,425 | Land Value $2,425 | Improvement Value $19,000 | Tax Amount $684.73 | Change Rate | Assessed CR | Tax Rate +0.031959% |
| Year 2018 | Assessed Value $21,425 | Land Value $2,425 | Improvement Value $19,000 | Tax Amount $684.73 | Change Rate -0.023098% | Assessed CR | Tax Rate +0.031959% |
| Year 2017 | Assessed Value $21,425 | Land Value $2,425 | Improvement Value $19,000 | Tax Amount $700.92 | Change Rate +0.19509% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $17,250 | Land Value | Improvement Value | Tax Amount $586.5 | Change Rate -0.221973% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $17,250 | Land Value | Improvement Value | Tax Amount $753.83 | Change Rate +0.339309% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $562.85 | Change Rate | Assessed CR | Tax Rate |